(MENAFN) CJ Logistics Corp. announced that it has signed a partnership deal with FESCO, a Russian transportation and logistics firm.
The introductory deal is expected to allow the logistics arm of South Korea's food and entertainment conglomerate CJ Group to do business using Russia's Trans-Siberian Railway, which will reduce costs for trade with Europe.
According to the South Korean company, it will launch logistics businesses on the Trans-Siberian with FESCO.
CEO of CJ Logistics said the company aims to provide a variety of logistics services by developing trade routes that link Asia to Europe.
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